4MDLZ trade ideas
MDLZCurrently in an ascending channel.
A break below that will initiate a short with a target of around 40
MDLZ re-test critical levelLast session high volume close back towards crucial $44.50 level which not only was the earnings day high from last week, but also an important price point in Nov/Dec last year. Price obviously sits above key moving averages.
Cycle Says MDLZ is coming downIf it stays within this trendline, the safe bet is a move South to at least 40, but most likely 38.35. This has been the minimum movement mark once the resistance line is met.
$MDLZ is now $38.18. Price Target Hit . Great HPS Trade.$MDLZ is now $38.18. Price Target Hit . Great HPS ( High Probalility Trade) Trade.
Correction : $MDLZ IS NOW 35.53. Price Targe tHitCorrection : $MDLZ IS NOW 35.53. Price Targe tHit Great HPS (High Probabilty Setup ) Trade
$MDLZ is now 35.55 . Target Hit Great HPS Trade.$MDLZ is now 35.53 . Target Hit Great HPS (High Probability Setup) Trade.
MDLZMondelez looking good after strong ernings break above 32$ and retest + hold support.
1st target 34$
2nd target 35$
stop at 31$
